Lloyd's of London Underwriter Offers
A Policy Covering Political Violence

a Wall Street Journal Staff Reporter

Updated May 29, 2001 12:01 a.m. ET

LONDON -- A Lloyd's of London insurance underwriter is offering what it bills as the first policy covering all sorts of business risks in violence-plagued areas such as the Middle East.

The policy "covers political violence from the smallest riot to full-scale invasion," said Ben Garston, an underwriting partner at MAP Underwriting Ltd., a Lloyd's managing underwriting agency. Other scenarios covered by the policy include...